A monthly or quarterly report is a great way to summarize a SOC’s performance and uncover insights for executive leadership. But as a security and risk manager or executive, what information should you request from the managers who report to you?
In this blog post, we’ll walk through a best-practice security operations center security report template for summary reporting.
What is a Security Operations Center (SOC) Report?
The SOC is the operational heart of an organization’s cybersecurity defense. A Security Operations Center (SOC) Report is a document or set of data generated by a security operations center that provides insights into an organization's security posture, recent threats, and responses. A SOC report includes several key elements:
- Incident Overview: Details on detected threats, their severity, and impact.
- Performance Metrics: Key indicators like incident resolution times and response effectiveness.
- Threat Landscape: Insights into emerging risks and trends.
- Remediation Actions: Actions taken to resolve threats and improve security.
- Compliance: Ensures alignment with regulatory frameworks.
- Recommendations: Suggestions for enhancing security.
The SOC report is a critical tool for making informed decisions on how to enhance your organization’s cybersecurity strategy, allocate resources, and address any gaps in cyber defense. Below, find a template outline for incorporating these elements into a SOC report.
Your Challenge as a Security Risk Leader
As an upper-level manager, you’re not in the trenches of the SOC on a daily basis. However, you have the crucial job of making decisions about cybersecurity and relaying information regarding cyber risk to your superiors, and you rely on SOC managers to provide you with that information.
There are often significant gaps between what the SOC knows and what it reports to leadership. According to EY, only 15% of organizations say their information security reporting fully meets their expectations, and only 17% report on areas for improvement.
The SOC is heavily dependent on executive buy-in. It’s vital for SOC leadership to communicate with you effectively so the most important (and most accessible) information can be passed up the chain of command, and meaningful changes can be made.
Security Operations Center (SOC) Report Template
In addition to information that’s relevant to your organization’s specific concerns, an effective SOC report will contain the following sections:
1. Key Findings
Managers should summarize the most critical findings and action items from the report in non-technical language that executives and Board members can understand.
Key findings should also include at-a-glance insight into the organization’s security performance with clear metrics such as security ratings. This information should be provided at the beginning of the report, where it’s most likely to be seen and read carefully.
2. Monitoring Summary
In this summary, managers should lay out an overview of what was monitored for the report, including the number and locations of monitored servers, workstations, and devices.
Don’t neglect to request information about what wasn’t monitored — it’s important to identify gaps in the SOC’s field of view, so that strategies can be implemented to close those gaps.
3. Incident Summary
Here managers should provide the total number of incidents detected and resolved, as well as more specific data, such as:
- Breakdown of incidents by type, target, and severity
- Mean time to detect (MTTD)
- Mean time to resolve (MTTR)
- Specific actions taken for each incident, such as log collection, quarantine, security patch installation, and password reset or other authentication system changes
4. Threat Summary
This section should outline the most severe threats faced by your organization in the past month or quarter, specify whether or not your organization anticipated them, and detail how they were approached by the SOC. Information about emerging malware trends and recommended actions to prepare for those threats will also be helpful.
The threat summary is also where cybersecurity concerns should be put into context. The SOC manager needs to present information about common cyber attacks, using real incidents as examples. As part of the threat summary, ask managers to respond to the following questions:
- What incidents have recently occurred in our industry?
- What kind of threat(s) will pose the most risk to our organization in the coming month/quarter?
- How does our organization compare to peers and competitors when it comes to mitigating risk?